THE HOBBIT Now Sits At $886.1M, Tracking Well For $1B Gross

Peter Jackson's first Lord of the Rings prequel is doing exceptionally well at the box office as The Hobbit: An Unexpected Journey marches closer to the $900M mark with eyes on $1 billion. Plus, updates on Skyfall and Life of Pi.

'The Hobbit' has now earned $886.1 million worldwide, which is higher than 'Fellowship of the Ring' ($869M): ow.ly/gM0TO

We have two more films left in the planned trilogy of The Hobbit, and Warner Bros. must be exceptionally pleased with how An Unexpected Journey has performed at the box office thus far. The film figures to cross the $900M mark by the end of next week and hopes to crack the $1 billion mark when it opens in China, February 15th. Whether the film has a $250M budget or $180M budget (conflicting reports out there on the interweb) it matters little at this point. Here's quick updates on a few other box office heavyweights and award contenders.

At the domestic box office, 'Skyfall' has now grossed $299.4M, and will pass $300M by Friday: ow.ly/gLY5l

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